Dhaka, Sept. 13 -- The government is preparing to complete the long-discussed split of the National Board of Revenue (NBR) into two separate divisions by December this year, Finance Adviser Salehuddin Ahmed confirmed yesterday.
"We will implement the revised law within this timeframe. The draft of the new rules of business has already been prepared, and some legal adjustments remain," Ahmed told reporters.
The announcement follows the interim government's issuance of an amended ordinance on September 2 regarding revenue policy and management, which states that the law will come into effect on a date fixed by the government.
Under the new law, the NBR will be dissolved and replaced with two divisions-the Revenue Policy Division and the Re...